HealthStream, Inc. (HSTM)

HealthStream's stock has experienced several notable events in the past six months. On January 12, 2026, the stock reached a new 52-week low. Insider selling activity was reported in December 2025. In December 2025, HealthStream acquired MissionCare Collective. Canaccord Genuity maintained a "hold" recommendation for HSTM in December 2025. HealthStream announced a $10 million share repurchase program in November 2025. The company reported its Q3 2025 earnings on November 3, 2025, exceeding analysts' consensus estimates for earnings per share and revenue, with record revenue driven by career network tools and the acquisition of Virsys12. In October 2025, HealthStream acquired Virsys12. HealthStream announced its Q2 2025 results on August 4, 2025, reporting a 4.0% increase in revenues and a 29.3% increase in net income compared to the prior year. A share repurchase program of up to $25.0 million was approved by the Board of Directors on May 8, 2025, with $18.1 million repurchased during Q2 2025. The company's stock price declined by 26.11% between December 2024 and December 2025, and overall, HealthStream's stock has delivered a -28.51% change over the past year.

The available information does not explicitly detail a recurring seasonal pattern for the demand of HealthStream's products and services. However, the company has acknowledged macroeconomic headwinds, including funding cuts affecting Federally Qualified Health Centers and academic medical institutions, which led to a slowdown in elective content sales in Q1 2025. This suggests that demand can be influenced by broader economic conditions and funding availability within the healthcare industry, rather than inherent seasonality.

HealthStream's core business revolves around improving patient outcomes by developing the people within healthcare organizations. Its major products include a unified suite of solutions for workforce development, training and learning management, nurse and staff scheduling, clinical education, credentialing, privileging, provider enrollment, performance assessment, and managing simulation-based education programs. Key applications and platforms include the HealthStream Learning Center (LMS), CredentialStream, ShiftWizard, and myClinicalExchange. The company's platform development is aligned with its mission to serve healthcare professionals, with its Learning Center being ranked #1 among healthcare software products by G2 in February 2025, and CredentialStream ranked #5.

HealthStream is headquartered in Nashville, Tennessee, with additional offices in Jericho, New York; Boulder, Colorado; Denver, Colorado; San Diego, California; and Chicago, Illinois. The company primarily serves a broad customer base across the United States, including large health systems, academic medical centers, community hospitals, and ambulatory care networks.

HealthStream maintains a strong brand reputation within the healthcare technology sector. Its Learning Center was recognized as the #1 healthcare software product by G2 in February 2025, and its CredentialStream application was ranked #5. The company's strategic acquisitions, such as MissionCare Collective and Virsys12 in late 2025, are generally viewed as positive for expanding its workforce solutions and market reach. No specific negative events significantly impacting HealthStream's brand reputation in the past year were identified in the search results.

HealthStream's ownership is primarily concentrated among institutional investors, who hold approximately 56.72% to 69.58% of the company's stock. Major institutional shareholders include BlackRock, Inc., The Vanguard Group Inc., iShares Core S&P Small-Cap ETF, Dimensional Fund Advisors Lp, and State Street Corp. Insiders hold a notable stake, ranging from 20.43% to 20.60%. Co-founder and CEO Robert A. Frist, Jr. is the largest individual owner, holding 18.37% of the company's shares.